University of Toronto and Vanguard team up to expand AI research in finance
Vanguard will also add around 70 roles to its AI research team in Toronto.
Ontario
Medtech AI startups ProteinQure and AssistIQ each close Series A rounds
ProteinQure to debut AI-engineered cancer drug in the clinic, while AssistIQ expands medical supply platform.
Michael Southworth “specifically chosen” as Assent’s new CEO to spearhead $250-million revenue effort
Longtime CEO Andrew Waitman, who led the company to centaur status, will become executive chairman.
Pender and Novacap recognized for cashing in on last year’s go-private wave at 2025 CVCA Awards
The honours celebrate the deals, dealmakers, and community service behind Canada’s VC and PE firms.
Outcome of copyright case against Cohere uncertain but likely “precedent-setting”: expert
The Canadian AI giant has motioned to dismiss the suit before it reaches court.
Koho continues expansion beyond core banking with launch of international money transfers
Aspiring bank claims to offer better remittance exchange rates compared to competitors.
Harley Finkelstein, Valley vets Dorothy Kilroy and Chris Urmson headline 2025 Elevate Festival
Toronto-based tech festival says applied AI will be this year’s defining theme.
CWVC wants to map the career progression and retention of women in Canadian VC
Analysis finds nearly 1 in 4 of CWVC’s members left VC since 2019. CWVC hopes to figure out why.
“Both strategic and patriotic”: Wealthsimple selects Tetra Trust as its first Canadian digital asset custodian
Tetra Trust has seen an uptick in businesses seeking to reduce their exposure to the US.
Keep emerges from stealth to launch Canadian small business banking platform
Toronto-based “all-in-one” FinTech firm backed by Treville, Silicon Valley Bank, Rebel Fund, and more.
Lagging growth rate knocks Canada out of top four in StartupBlink’s ecosystem rankings
Toronto “in a tier of its own” as Calgary vaults back into top 100 cities globally.
Shopify debuts AI-based store designer as part of summer update
The e-commerce giant is revamping its features as rival Lightspeed readies its earnings.
Cohere CEO claims AI startup “not far away” from profitability as it snags Dell and SAP partnerships
SAP to integrate Cohere models as Dell becomes first to deliver North platform on-premises.
Canada will provide cooling tech for moon-bound astronauts—if NASA gets the mission off the ground
Budget changes may prevent Berg Chilling Systems’ hardware from supporting the Artemis IV mission.
Why Faire’s co-founder wants to bring Silicon Valley’s DNA to Canada
Faire’s Chief Architect fell in love with Canada. Now he’s selling his new home to the rest of the world.